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    The early stages of drug development could be freed from the shackles of intellectual property under a proposal to be tabled at a meeting of leading pharmaceutical players this week.

    Amid layoffs, drying pipelines and the closure of research centres, many observers have warned that, in its current form, the pharmaceutical industry faces a troubled future. The bleak outlook seems even more so in the wake of this month's announcements by Pfizer of plans to reduce research and development spending by as much as US$2 billion and to lay off hundreds of researchers (see 'Pfizer slashes R&D').

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